Spot Gold Surges Above $4,500
On June 2nd, according to Bitget market data, the spot gold price has broken above the $4,500-per-ounce level, currently trading at $4,501.02, marking a 0.36% intraday gain.
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Binance US Stock Debut Observation: Crypto Natives Prefer Nano Stocks, $600 Million Trading Volume Faces "Infinite Dilution"
On June 2, market data shows that on Binance U.S.’s first day of U.S. stock trading, a total of 11 U.S. stocks posted trading volumes topping $100 million, including:
Wokey Medical (WOK): $394 million
Virgin Galactic (SPCE): $287 million
NVIDIA (NVDA): $215 million
Zhongchao Medical (ZCMD): $212 million
Nokia (NOK): $174 million
Intel (INTC): $136 million
Sphere 3D (ANY): $128 million
Optimum (OPTU): $125 million
AMC Entertainment (AMC): $117 million
Hewlett Packard Enterprise (HPE): $116 million
Abits (ABTS): $104 million
Many of these stocks are small-cap, micro-cap, or even nano-cap equities. Sphere 3D carries a market capitalization of just $17.06 million and saw a 28.11% post-market surge, while Abits has a market cap of only $6.3484 million, rallying 40% in after-hours trading. Both nano-caps were in a prolonged downtrend ahead of Binance U.S.’s U.S. stock trading launch, with notable price movements occurring exclusively in after-hours sessions.
Notably, Wokey Medical (WOK) an
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BiyaPay Analyst: Jensen Huang Invests in AI PC, ARM Surges by 18%, NVIDIA Market Cap Soars by $319 Billion
June 2, NVIDIA CEO Jensen Huang officially unveiled the RTX Spark — an AI PC chip integrating an Arm CPU, Blackwell GPU, and unified memory — during his GTC Taipei keynote, with the core goal of enabling PCs to run AI agents locally.
According to BiyaPay market data, U.S. AI sector stocks rallied broadly following the event: NVIDIA climbed more than 6%, adding roughly $319 billion to its market capitalization in a single day. ARM surged over 18% intraday, hitting a new all-time high for its stock price. Microsoft rose approximately 2.3%. Separately, Huang referenced Nebius during his Computex keynote, pushing NBIS up more than 18%; his remark that “AI is more likely to promote rather than destroy software demand” also lifted ServiceNow and Snowflake by around 10% each.
BiyaPay analysts pointed out that as AI shifts from the cloud to the edge, focus on U.S. computing power, architecture, and software sectors will grow. However, individual stock volatility is expected to intensify in t
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Hyperliquid Whale Doubles Down on HYPE Long Position, Cumulative Profit Surpasses $2.29 Million
June 2nd — According to on-chain analytics firm LookOnChain’s monitoring, wallet address 0xc6fe has scored another profitable HYPE long position trade.
Four hours ago, the trader closed their prior HYPE long position, locking in an estimated $1.18 million in single-trade profits. Almost immediately after exiting that position, they opened a new long position: going long 268,509 HYPE tokens with 10x leverage, for a total position value of roughly $20.26 million.
As of the latest monitoring update, this new position already carries an unrealized gain of around $536,000.
This trader has been on a hot streak with HYPE long trades lately: they’ve racked up total accumulated profits of $2.29 million so far, and boast a perfect 100% win rate on all recent HYPE long trades.
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The US Bitcoin Spot ETF saw a record outflow of $484 million in a single day, with BlackRock's BIT accounting for over 90%.
Per data from Farside Investors, U.S. spot Bitcoin ETFs posted a total net outflow of $483.8 million on June 1, extending their recent streak of fund outflows. BlackRock’s IBIT topped the daily outflow chart, with a net withdrawal of $440.3 million—making up over 90% of the day’s total Bitcoin ETF outflows. Other outflows came from Fidelity’s FBTC ($37.3 million) and ARK 21Shares’ ARKB ($12.3 million), while only MSBT notched a net inflow of $6.1 million.
On the same day, U.S. spot Ethereum ETFs saw a combined net outflow of $44.5 million. BlackRock’s ETHA drove most of that outflow ($35 million), followed by Fidelity’s FETH at $9.5 million. The rest of the Ethereum ETF products held relatively steady in fund flows with no major shifts.
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US Media: US-Iran Negotiations Back on Track
June 2. On June 1, CNN cited a regional source familiar with U.S.-Iran negotiations, reporting that the talks are back on track. Iranian media had previously reported that the negotiation between Iran and the U.S. was paused due to Israeli attacks on Lebanon. However, U.S. President Trump later stated he had spoken with Israeli officials and that talks with Iran are progressing "rapidly."
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